Ignis Asset Management has tapped a former Royal Bank of Scotland Group executive to lead its newly-combined fund of hedge funds, fund of real estate funds, fund of private equity funds and retail mutli-manager businesses.

Och-Ziff Capital Management bucked its peers last month, with all four of its hedge funds posting positive performance while early index reports indicate that November was a losing month for the average hedge fund.

From the current issue of

We are accustomed to splitting trading into technical and fundamental buckets. Both involve crunching data; one set includes market fundamentals and the other pure price data. Alternative data is a third bucket that is gaining traction.